Pinnacle Value Price To Sales vs. Year To Date Return
| PVFIX Fund | USD 16.31 0.10 0.62% |
For Pinnacle Value profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Pinnacle Value to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Pinnacle Value Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Pinnacle Value's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Pinnacle Value Fund over time as well as its relative position and ranking within its peers.
Pinnacle |
Pinnacle Value Year To Date Return vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Pinnacle Value's current stock value. Our valuation model uses many indicators to compare Pinnacle Value value to that of its competitors to determine the firm's financial worth. Pinnacle Value Fund is rated top fund in price to sales among similar funds. It also is rated top fund in year to date return among similar funds creating about 17.95 of Year To Date Return per Price To Sales. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Pinnacle Value's earnings, one of the primary drivers of an investment's value.Pinnacle Year To Date Return vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Pinnacle Value |
| = | 0.51 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
Pinnacle Value |
| = | 9.15 % |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Pinnacle Year To Date Return Comparison
Pinnacle Value is currently under evaluation in year to date return among similar funds.
Pinnacle Value Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Pinnacle Value, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Pinnacle Value will eventually generate negative long term returns. The profitability progress is the general direction of Pinnacle Value's change in net profit over the period of time. It can combine multiple indicators of Pinnacle Value, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund invests primarily in publicly traded equity securities of companies including common and preferred stocks, convertible securities, rights, warrants and other securities. It will invest in a diversified portfolio of securities issued primarily by small and micro-cap domestic companies which the advisor believes are trading at significant discounts to underlying earnings power or asset values.
Pinnacle Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Pinnacle Value. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Pinnacle Value position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Pinnacle Value's important profitability drivers and their relationship over time.
Use Pinnacle Value in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pinnacle Value position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pinnacle Value will appreciate offsetting losses from the drop in the long position's value.Pinnacle Value Pair Trading
Pinnacle Value Fund Pair Trading Analysis
The ability to find closely correlated positions to Pinnacle Value could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pinnacle Value when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pinnacle Value - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pinnacle Value Fund to buy it.
The correlation of Pinnacle Value is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pinnacle Value moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pinnacle Value moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pinnacle Value can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Pinnacle Value position
In addition to having Pinnacle Value in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Casinos Thematic Idea Now
Casinos
Companies that are related to providing casino-type services across multiple geographical areas. The Casinos theme has 51 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Casinos Theme or any other thematic opportunities.
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Other Information on Investing in Pinnacle Mutual Fund
To fully project Pinnacle Value's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Pinnacle Value at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Pinnacle Value's income statement, its balance sheet, and the statement of cash flows.
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